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Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $385900. For 2020, Cullumber would report comprehensive income of O $85600. O $460600. $471500. $2410000 4 1751000 284000 85600 10900

Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $385900. For 2020, Cullumber would report comprehensive income of O $85600. O $460600. $471500. $2410000 4 1751000 284000 85600 10900

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $2410000 $385900. $85600. $460600. $471500. 1751000 For 2020, Cullumber would report comprehensive income of 284000 85600 10900
Transcribed Image Text:Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $2410000 $385900. $85600. $460600. $471500. 1751000 For 2020, Cullumber would report comprehensive income of 284000 85600 10900
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